The demand for the diet pills in Exercise 47 is 50 pills at a price of $47.50
Question:
The demand for the diet pills in Exercise 47 is 50 pills at a price of $47.50 and 80 pills at a price of $32.50. Determine a linear demand function for these pills.
Data from Exercises 47.
For a new diet pill, 60 pills will be supplied at a price of $40, while 100 pills will be supplied at a price of $60. Write linear supply function for this product.
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Step by Step Answer:
To determine a linear demand function based on the given data we can use the twopoint form o...View the full answer
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Related Book For 
Calculus With Applications
ISBN: 9780321831101
10th Edition
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
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